Elon Musk Sells X to xAI in $45 Billion Deal

[JimHuaHin]

Big big brother has arrived.  Added to that all the data DOGE has collected, the new improved neo-Nazi Fascist xAI will act to identify the enemies, vilify them on Musk social media, and allow the Trump-Vance-Musk storm-troopers to terminate them.  Germany 1930 repeat.

[jas007]

12 minutes ago, JimHuaHin said:

Big big brother has arrived.  Added to that all the data DOGE has collected, the new improved neo-Nazi Fascist xAI will act to identify the enemies, vilify them on Musk social media, and allow the Trump-Vance-Musk storm-troopers to terminate them.  Germany 1930 repeat.

I hope you're not serious.  Musk's social media is about Free Speech. He spent 44 billion dollars to buy Free Speech. Or do you prefer censorship and propaganda?  Does that give you a sense of security? Being told what to think by the propaganda machine? Lots of people apparently need to be told what to think and so that's what happens.  It's obvious from reading this forum.  Propaganda works well and people are lazy.  Why think for yourself when all you need to do is watch mainstream media?  The same stories with the same spin are everywhere. It's well orchestrated. 

 

Like it or not, there's a lot of data floating around.  And someone somewhere will be using that data. It's already happening.  But I hardly think the Trump administration has any intent right now to misuse that information. They're focused on streamlining the government.   Cutting out waste, fraud, and abuse.  

 

And if the Trump administration goes after people who have committed real crimes, why should they not?  Why is stealing money from the taxpayers a good thing?  

 

You're right to be concerned, though.  Big Brother will eventually control everything, I'm afraid.  Who comes next, after Trump?  

[Chomper Higgot]

1 hour ago, jas007 said:

I hope you're not serious.  Musk's social media is about Free Speech. He spent 44 billion dollars to buy Free Speech. Or do you prefer censorship and propaganda?  Does that give you a sense of security? Being told what to think by the propaganda machine? Lots of people apparently need to be told what to think and so that's what happens.  It's obvious from reading this forum.  Propaganda works well and people are lazy.  Why think for yourself when all you need to do is watch mainstream media?  The same stories with the same spin are everywhere. It's well orchestrated. 

 

Like it or not, there's a lot of data floating around.  And someone somewhere will be using that data. It's already happening.  But I hardly think the Trump administration has any intent right now to misuse that information. They're focused on streamlining the government.   Cutting out waste, fraud, and abuse.  

 

And if the Trump administration goes after people who have committed real crimes, why should they not?  Why is stealing money from the taxpayers a good thing?  

 

You're right to be concerned, though.  Big Brother will eventually control everything, I'm afraid.  Who comes next, after Trump?  

Do you think the Saudi Arabian co-investors who provided much of the money to help Musk buy Twitter are also interested in ‘Free Speech’?

 

 

[stevenl]

1 hour ago, jas007 said:

I hope you're not serious.  Musk's social media is about Free Speech. He spent 44 billion dollars to buy Free Speech. Or do you prefer censorship and propaganda?  Does that give you a sense of security? Being told what to think by the propaganda machine? Lots of people apparently need to be told what to think and so that's what happens.  It's obvious from reading this forum.  Propaganda works well and people are lazy.  Why think for yourself when all you need to do is watch mainstream media?  The same stories with the same spin are everywhere. It's well orchestrated. 

 

Like it or not, there's a lot of data floating around.  And someone somewhere will be using that data. It's already happening.  But I hardly think the Trump administration has any intent right now to misuse that information. They're focused on streamlining the government.   Cutting out waste, fraud, and abuse.  

 

And if the Trump administration goes after people who have committed real crimes, why should they not?  Why is stealing money from the taxpayers a good thing?  

 

You're right to be concerned, though.  Big Brother will eventually control everything, I'm afraid.  Who comes next, after Trump?  

Nothing to do with free speech. It's about power and money. 

[frank83628]

On 3/30/2025 at 4:19 AM, Tug said:

Elon is a brilliant engineer none better hands down,but on the flip side he’s an arrogant a$$hole now he can harvest all the goings on  at x the massive troll factory combine it with AI and turn it loose on the world.this bodes ill for freedom in my view it’s more about control.

Conspiracy theory . Com

[Emdog]

21 hours ago, candide said:

Basically, he sold it to himself! 🙂

Right. Like moving a $20 bill from my left pocket to my right.... look how much I've gained!

[jas007]

1 hour ago, Chomper Higgot said:

Do you think the Saudi Arabian co-investors who provided much of the money to help Musk buy Twitter are also interested in ‘Free Speech’?

 

 

I never thought about it, but off the top of my head I'd assume they don't much care one way or the other.  

 

They aren't stupid, though, and they have excellent advisors, I'm sure. They probably thought the Tesla stock collateral was more than sufficient, if that's what was used. They probably also thought Musk was a good bet.  

[Chomper Higgot]

5 minutes ago, jas007 said:

I never thought about it, but off the top of my head I'd assume they don't much care one way or the other.  

 

They aren't stupid, though, and they have excellent advisors, I'm sure. They probably thought the Tesla stock collateral was more than sufficient, if that's what was used. They probably also thought Musk was a good bet.  

There you go project your lack of thought on a master on to me.

 

I would agree the Saudis aren’t stupid and I very much doubt they need the growth in what for them is a small investment.

 

They do however have a history of suppressing free speech.

 

[Digitalbanana]

23 hours ago, biervoormij said:

I am sure there will not be any capital gain taxes paid on the 1 billion he made in profit.

There is no profit when you sell stuff to yourself! He is just restructuring the companies.

[freedomnow]

17 hours ago, biervoormij said:

It is just a guess. If he was going to have to pay the 20% capital gains tax on the 1 billion I think he would have only got the 44 billion that he invested. I really don't know so your guess is as good as mine but do you think he does not have a way to offset the capital gains? He has also fired a lot of the IRS staff and the inspector generals that would look into this.

 

Rich people in the US find ways out of paying taxes and most of them pay a lower percentage than the working class. A middle class worker is in the 28% tax bracket but long term capital gains are taxed at a max of 20%, Trump as a billionaire has had years where he paid $0 federal tax and as someone that is not a billionaire I can not say that.

It does mention the $12 billion deficit publicly so he would have incorporated that technically somehow.

[SiSePuede419]

I hope Elon Musk's son takes over the new company...

 

He sounds really smart.

 

Lots of people think Trump should shush his mouth.

 

And go away.

 

Good boy. 😁

https://www.ndtv.com/video/elon-musk-s-son-x-tells-donald-trump-to-shush-his-mouth-902050

 

[Cryingdick]

On 3/30/2025 at 11:36 PM, Emdog said:

Right. Like moving a $20 bill from my left pocket to my right.... look how much I've gained!

 

It's more like having a $10 bill in each pocket, going to the bank and getting a $20 bill and putting it in your wallet.

[placeholder]

On 3/31/2025 at 7:39 AM, jas007 said:

But the mere amount of data isn't really the issue, is it?  Without more, a pile of data isn't very useful. Look at Palantir and how they're becoming so successful. For them, data is just a commodity these days and isn't necessarily that useful. What's more important is the relevancy of the data and how that data is synthesized and put to use.  While other companies are compiling data, putting that data to good use is another matter, especially across multiple platforms and systems. Palantir has an "operating system" to integrate all data stacks and put it to use. The company has been developing the software for years and they have no real competition.  Their software is available now and it works. 

 

A revolution in transportation is a big deal. Huge. Tesla will be very valuable because of FSD, which will be in use around the world, and not just in Tesla cars. The software will be available for rent to companies like Uber. Tesla's FSD computers are "edge" computers.  Each car has one. They function independently from the cloud, which is better for several reasons, but the Tesla car computers are periodically updated with new algorithms as the Tesla fleet continues to add and learn from new data.  Machine learning speeds up the process, and the hardware is getting better more quickly than many people thought possible.  There's a big fleet of Tesla cars, and they add more data every day.  Tesla doesn't just have data. It has very valuable data and the accumulation of that data is exponential.  And there's only one focus:  driving cars better than humans. 

 

I wish I knew more about this stuff, but I sort of get what they're trying to do.  

Tesla isn't in the lead on FSD. It's only level 2. 9 Chinese companies are already testing level 3. Non-tesla level 2 cars in China cost a lot less than Teslas. 

 

[placeholder]

On 3/31/2025 at 8:16 AM, jas007 said:

I hope you're not serious.  Musk's social media is about Free Speech. He spent 44 billion dollars to buy Free Speech. Or do you prefer censorship and propaganda?  Does that give you a sense of security? Being told what to think by the propaganda machine? Lots of people apparently need to be told what to think and so that's what happens.  It's obvious from reading this forum.  Propaganda works well and people are lazy.  Why think for yourself when all you need to do is watch mainstream media?  The same stories with the same spin are everywhere. It's well orchestrated. 

 

Like it or not, there's a lot of data floating around.  And someone somewhere will be using that data. It's already happening.  But I hardly think the Trump administration has any intent right now to misuse that information. They're focused on streamlining the government.   Cutting out waste, fraud, and abuse.  

 

And if the Trump administration goes after people who have committed real crimes, why should they not?  Why is stealing money from the taxpayers a good thing?  

 

You're right to be concerned, though.  Big Brother will eventually control everything, I'm afraid.  Who comes next, after Trump?  

You forgot that he bought Tesla because he had to. He tried to wriggle his way out of honoring his offer but failed.

[jas007]

2 minutes ago, placeholder said:

You forgot that he bought Tesla because he had to. He tried to wriggle his way out of honoring his offer but failed.

He did have second thoughts, but he went ahead with the deal, in the end.  As it turned out, his initial idea of buying Twitter turned out to be a smart move.  X's valuation will continue to appreciate, I think. 

[placeholder]

4 minutes ago, jas007 said:

He did have second thoughts, but he went ahead with the deal, in the end.  As it turned out, his initial idea of buying Twitter turned out to be a smart move.  X's valuation will continue to appreciate, I think. 

He went ahead with a deal because he had no choice. He raised all kinds of BS objections and they were all shot down. He was dragged kicking and screaming into that deal.

[SiSePuede419]

Liberal Wins Wisconsin Court Race, Despite Musk’s Millions

 

Guess what?

Americans don't like South African dork cheese. 

how now brown k-cow  🐄

[brewsterbudgen]

Can they change the name back to Twitter?🙏

[SiSePuede419]

5 hours ago, brewsterbudgen said:

Can they change the name back to Twitter?🙏

Sure. 

They're into retro things.

They still have the gall to mention "George Soros" on Fox News.

When Musk and Stephen Miller are running everything, 555.

Fox News: See No Evil, Comrade. 🙈